PESB CHAIRMAN

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Atanu Chakraborty tipped as PESB Chairman?

If some well-placed sources are to be believed former Union Secretary Atanu Chakraborty (Retd IAS:1985:GJ) may be drafted as the new Chairman of Public Enterprise Selection Board (PESB); a post that fell vacant after Rajiv Kumar (Retd IAS:1984:JH) moved to Election Commission of India as Member.

Chakraborty retired in the month of April from the post of Secretary, Department of Economic Affairs.

It is also learnt that the outgoing DOPT Secretary Dr C Chandramouli (IAS:1985:TN) is also in the reckoning. 

07 Sep 2020
board-level-positions-in-cpses-pesb-initiates-structural-changes-in-the-selection-process

Board-level positions in CPSEs: PESB initiates structural changes in the selection process

Before demitting his office as PESB Chairman and moving to the Election Commission, Rajiv Kumar (retd IAS:1984:JH) on 27 August proposed crucial changes to the selection process for CPSE chiefs (CMD/MD) and functional directors (Director) with a view to expanding the talent pool with pace and parity. It is supposed that it may prove to be a departure from the ambiguous and painful past and may bring more clarity in the selection process.

Aspirants for Board-level positions in Central PSUs were dismayed by the procedural reforms made during the Chairmanship of Ajit Kumar Seth and Sanjay Kothari. Instead of simplifying the shortlisting and selection process, it had made things complicated rather.

On 27 August a draft, Suggestive Reforms Proposal was uploaded on the PESB website inviting suggestions/comments (by 30.09.2020) from all stakeholders. Insiders and many prospective candidates have welcomed it.

The proposed reforms aim to simplify and rationalize the selection process for attracting better talents from all sectors and widen the pool. It also aims at leveling the playing field for applicants, standardizing the Job Description, increasing the slots for shortlisting, standardizing eligibility criteria, modifying the short-listing criteria, and above all faster processing of confirmation and extension of tenure by mandating the filing of APARs online, etc.

According to the proposed changes, interviews for all jobs of Chairman and MDs of a group of PSUs or Directors for particular segment e.g. HR, Finance, Marketing Projects, Business Development, Strategy, etc may begin simultaneously at the start of a year, instead of looking for candidates for individual companies separately.

Irrespective of the categories of the PSUs (whether falling in Schedule A or Schedule B), all posts may be advertised together and candidates for these companies will be recommended at one go.

Based on the interviews, the PESB will make its recommendations/merit-list to the government which will appoint the candidates based on their performances in the interview and those scoring highest will get the company of their choice.

In a way, it may have similarities with the merit-list or empanelment. This may begin the era of departing from the rigorous, repetitive, and time-consuming process of inviting applications, shortlisting of candidates, and interviews for each Board-level position separately, and repeated vigilance and requisite clearances. 

Indianmandarins has reliably learned that the proposed reforms would emphasize on 21 points that would make the process convenient for aspiring candidates.

Indianmandarins has further learned that new rules may eliminate those aspiring applicants from the shortlisting process whose vigilance report is adverse or those who are on the ODI list - an informally maintained confidential list of ‘Officers with Doubtful Integrity’

Reportedly, the new provisions would make it mandatory for the CVOs to ensure updated online vigilance reports on senior officers to facilitate the new process.

Reforming the PSUs and manning them with competent officials have become urgent in view of the role played by them in the national economy.

Public Enterprises Survey 2018-19, 59th in the series, gives a consolidated picture of the Performance of Central Public Sector Enterprises (CPSEs) which are spread over length and breadth of the country. As of 31st March 2019, there were 339 CPSEs with a total investment of Rs. 16,40,628 crore; that certainly adds to the self-reliance of the Indian economy.  

The draft Suggestive Reforms Proposal (uploaded on the PESB website) inviting suggestions/comments from all stakeholders by 30.09.2020 also indicate that the proposed reforms may take time to realize but once approved and formalized may bring a shy of relief to the aspirants for Board level positions.

(By Rakesh Ranjan )

29 Aug 2020
atanu-chakraborty-tipped-as-pesb-chairman-

Atanu Chakraborty tipped as PESB Chairman?

By IndianMandarins 07 Sep 2020

If some well-placed sources are to be believed former Union Secretary Atanu Chakraborty (Retd IAS:1985:GJ) may be drafted as the new Chairman of Public Enterprise Selection Board (PESB); a post that fell vacant after Rajiv Kumar (Retd IAS:1984:JH) moved to Election Commission of India as Member.

Chakraborty retired in the month of April from the post of Secretary, Department of Economic Affairs.

It is also learnt that the outgoing DOPT Secretary Dr C Chandramouli (IAS:1985:TN) is also in the reckoning. 

board-level-positions-in-cpses-pesb-initiates-structural-changes-in-the-selection-process

Board-level positions in CPSEs: PESB initiates structural changes in the selection process

By Rakesh Ranjan 29 Aug 2020

Before demitting his office as PESB Chairman and moving to the Election Commission, Rajiv Kumar (retd IAS:1984:JH) on 27 August proposed crucial changes to the selection process for CPSE chiefs (CMD/MD) and functional directors (Director) with a view to expanding the talent pool with pace and parity. It is supposed that it may prove to be a departure from the ambiguous and painful past and may bring more clarity in the selection process.

Aspirants for Board-level positions in Central PSUs were dismayed by the procedural reforms made during the Chairmanship of Ajit Kumar Seth and Sanjay Kothari. Instead of simplifying the shortlisting and selection process, it had made things complicated rather.

On 27 August a draft, Suggestive Reforms Proposal was uploaded on the PESB website inviting suggestions/comments (by 30.09.2020) from all stakeholders. Insiders and many prospective candidates have welcomed it.

The proposed reforms aim to simplify and rationalize the selection process for attracting better talents from all sectors and widen the pool. It also aims at leveling the playing field for applicants, standardizing the Job Description, increasing the slots for shortlisting, standardizing eligibility criteria, modifying the short-listing criteria, and above all faster processing of confirmation and extension of tenure by mandating the filing of APARs online, etc.

According to the proposed changes, interviews for all jobs of Chairman and MDs of a group of PSUs or Directors for particular segment e.g. HR, Finance, Marketing Projects, Business Development, Strategy, etc may begin simultaneously at the start of a year, instead of looking for candidates for individual companies separately.

Irrespective of the categories of the PSUs (whether falling in Schedule A or Schedule B), all posts may be advertised together and candidates for these companies will be recommended at one go.

Based on the interviews, the PESB will make its recommendations/merit-list to the government which will appoint the candidates based on their performances in the interview and those scoring highest will get the company of their choice.

In a way, it may have similarities with the merit-list or empanelment. This may begin the era of departing from the rigorous, repetitive, and time-consuming process of inviting applications, shortlisting of candidates, and interviews for each Board-level position separately, and repeated vigilance and requisite clearances. 

Indianmandarins has reliably learned that the proposed reforms would emphasize on 21 points that would make the process convenient for aspiring candidates.

Indianmandarins has further learned that new rules may eliminate those aspiring applicants from the shortlisting process whose vigilance report is adverse or those who are on the ODI list - an informally maintained confidential list of ‘Officers with Doubtful Integrity’

Reportedly, the new provisions would make it mandatory for the CVOs to ensure updated online vigilance reports on senior officers to facilitate the new process.

Reforming the PSUs and manning them with competent officials have become urgent in view of the role played by them in the national economy.

Public Enterprises Survey 2018-19, 59th in the series, gives a consolidated picture of the Performance of Central Public Sector Enterprises (CPSEs) which are spread over length and breadth of the country. As of 31st March 2019, there were 339 CPSEs with a total investment of Rs. 16,40,628 crore; that certainly adds to the self-reliance of the Indian economy.  

The draft Suggestive Reforms Proposal (uploaded on the PESB website) inviting suggestions/comments from all stakeholders by 30.09.2020 also indicate that the proposed reforms may take time to realize but once approved and formalized may bring a shy of relief to the aspirants for Board level positions.

(By Rakesh Ranjan )

pesb-to-restart-selection-interviews-with-hudco-cmd-post-05-candidates-shortlisted

PESB to restart selection interviews with HUDCO CMD post; 05 candidates shortlisted

By IndianMandarins 05 Jun 2020

Indianmandarins has reliably learned that the public-sector headhunter (PESB) is all set to re-start conducting interviews for Board-level positions in Central PSUs from 12 June; a process which eventually came to a standstill came during the nation-wide lockdown. Board-level selections were put on hold after selections to the posts of Director (Marketing), National Textile Corporation (NTC) and MD, Central Cottage Industries Corporation (CCIC) on 17 March.

Reportedly, as many as five candidates have been shortlisted for the post of CMD, HUDCO who may be interviewed on 12 Jnue.

Interestingly, selection of CMD, HUDCO would be Rajiv Kumar’s opening interview as Chairman, PESB though the Board started inviting applications for Board-level posts from 19 May itself. 

rajiv-kumar-appointed-chairman-pesb

Rajiv Kumar appointed Chairman, PESB

By IndianMandarins 29 Apr 2020

The NaMo administration on Wednesday appointed former Secretary to the ACC and former Finance Secretary Rajiv Kumar (lAS:1984:JH) as new Chairman of the public-sector headhunter (PESB) for a period of three years. He replaces Kapil Dev Tripathi.

It may be underlined that he was the one who issued the "Guidelines Regarding Board Level Appointments in Central Public Sector Enterprises" on 29 August 2017 during his tenure as Establishment Officer, DOPT. 

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New chairman of PESB soon: Search committee meeting held

Guidelines Regarding Board Level Appointments in Central Public Sector Enterprises


 

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New chairman of PESB soon: Search committee meeting held

By IndianMandarins 27 Apr 2020

If some top sources are to be believed members of the Search Committee held a meeting on Saturday morning to select the new Chairman of the public-sector headhunter i.e. Public Enterprise Selection Board (PESB). If everything goes right, the PESB may get a new chairman in a couple of weeks.

The Chairman post fell vacant after Kapil Dev Tripathy (Retd IAS:1980:AM) was moved to Raisina Hills as Secretary to President of India Ram Nath Kovind.

It may be underlined that presently, only two members are there on the Board; former Railway Board chairman M K Gupta and Rear Admiral Shekhar Mital. Posts of chairman and a member are vacant.

Sources said that the position of a member may continue to remain vacant as the search committee discussed the post of Chairman only.

The committee, headed by PS to PM Dr P K Misra, comprises of Union Cabinet Secretary Rajiv Gauba, DoPT Secretary C Chandramouli, Union Home Secretary Ajay Bhalla, Finance Secretary Atanu Chakraborty and Public Enterprise Secretary Sailesh.

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No IAS officer in the headless headhunter?

By IndianMandarins 22 Apr 2020

Following the appointment of PESBchairman K D Tripathi as Secretary to the President, a rare situation has arrived in the public-sector headhunter when no IAS officer is there on the headless Board.

Presently, only two members are there on the Board; former Railway Board chairman M K Gupta and Rear Admiral Shekhar Mital. Posts of chairman and a member are vacant. Power corridors are abuzz whether a former IAS officer would be drafted as PESB chairman. It is also to be seen whether the chairman would be junior to the other two members or one of these members itself would be made chairman of the selection board.

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Road to Raisina hills goes from PESB?

By IndianMandarins 22 Apr 2020

It is a sheer coincidence but yet remarkable. Former PESB Chairman Sanjay Kothari was abruptly made Secretary to the President years before he completed his tenure at PESB. Now, Kothari’s predecessor at PESB Kapil Dev Tripathy too was suddenly drafted as Kothari’s successor at Raisina hills. Coincidence but yet remarkable.

k-d-tripathi-appointed-as-secretary-to-president

K D Tripathi appointed as Secretary to President

By IndianMandarins 20 Apr 2020

The NaMo administration on Monday appointed Kapil Dev Tripathi (Retd IAS:1980:AM) as Secretary to the President. Presently, he is working as Chairman, Public Enterprise Selection Board. He replaces Sanjay Kothari (Retd IAS:1978:HY) who was in February selected as next CVC vice K V Chowdary. 


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Delay in Kothari’s appointment orders as CVC makes buzz

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